Neo & Partners Global, a homegrown fintech certified firm, has announced the live implementation of Software-Defined Network (SDN) foundation on March 10.

The implementation sees the small and medium-sized enterprise (SME) push the boundaries of innovation in the post-Covid-19 digital economy, and paves the way forward for further breakthroughs such as edge computing and more.

According to a statement, Neo & Partners Global worked with SPTel to power its proprietary Trading-Atrium business-class digital network with SPTel’s new SDN that now allows rapid response to the capital market’s changing and dynamic business needs while improving total cost of ownership through more flexible, scalable, resilient and “everything-as-a-service” capabilities.

SPTel is a joint venture company of Singapore Technologies Engineering (ST Engineering) and SP Group.

SEE:Singtel launches Liquid-X integrated software-defined network platform to simplify cloud networking management

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“These advanced capabilities, in a traditional sense, are commonly found in large enterprises or financial institutions. So as a Singapore homegrown SME, we are proud to have carried out more-effective combinations that include the introduction of new methods of production, creating or redistributing value to make a meaningful impact to the Capital Markets sector buy-side communities of clients that we serve,” says Eric Neo, founder and chairman of Neo & Partners Global.

“We are honoured and privileged to have SPTel supporting us in our pursuit of our innovation journey,” Neo adds. “Everything we do in FinTech with Capital Markets in-focus must always have a larger purpose. The end result: Neo & Partners Global's clients can operate more profitably, continually adapt better to a fast-changing environment and grow sustainably.

“By digitalising our service offerings, we are able to better support businesses in their digitalisation journey and enable services such as bandwidth and cybersecurity which can be provisioned on-demand as well as as-a-service. These solutions are deployed on a more cost effective model, which provide organisations with the flexibility to pay as they use and scale on demand, minimising upfront investment in ICT infrastructure,” says SPTel CEO Titus Yong.

“We are delighted that Neo & Partners Global sees the value in our service offerings and we look forward to partnering them in their innovation journey,”  Yong adds.